Dec. 6 at 3:06 AM
Actionable Trade Alert for
$GNTX:
Market Context:
$GNTX is currently trading at
$23.12, showing potential for upward movement given its proximity to the 60D low of
$21.69 and a relatively stable RSI of 47.47. The stock is below its 30-day MA of
$23.14 and significantly below its 50-day MA of
$24.67, indicating a potential reversal opportunity.
Directional Bias: The RSI suggests neutral momentum, while the proximity to the 60D low indicates a possible bounce. The ATR of 0.44 supports a manageable risk-reward setup.
Trade Plan:
- Suggested Entry:
$23.15 (slightly above the last close)
- Stop Loss:
$21.50 (approximately 7.2% below entry)
- Take Profit Targets:
1.
$24.00 (3.7% gain)
2.
$25.00 (7.8% gain)
3.
$27.00 (16.1% gain)
Target 3 offers a potential ROI of over 17%, making this a compelling setup. Monitor closely for market conditions.
https://privateprofiteers.com
